Low Income Apartments and Affordable Housing For Rent in Shelby, MS

Discover affordable housing in Shelby where there are 8+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Delta Partners Manor I

1301 Church St, Shelby, Mississippi 38774

payment Subsidized
elderly Senior
accessibility Accessible

City of Shelby

Lakeview Dr, Shelby, Mississippi 38774

Shelby Apartments

1300 Kennedy St, Shelby, Mississippi 38774

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based

Church Garden Apartments

500 Church St, Shelby, Mississippi 38774

payment Subsidized

Lakeview Terrace

200 Beal St, Shelby, Mississippi 0

switch_access_shortcut Short Wait
accessibility Accessible

Linwood Place Apartments

1305 Lake St, Shelby, Mississippi 38774

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

West Shelby Prop C/O Sun Belt Mgt Co

1307 Lake Street, Shelby, Mississippi

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Southeastern Development Opp, Inc

102 Blue Cane Rd, Shelby, Mississippi 38774

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Shelby, Mississippi

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Shelby, Mississippi
$17.10/hour
$9.85 (+136%) more than Mississippi minimum wage and $9.85 (+136%) more than the Federal minimum wage.
Learn More About Shelby, Mississippi Affordable Housing ↓

What HUD offices serve Shelby, Mississippi?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Public Housing programs for Shelby, Mississippi.

Go to the Mississippi Public Housing and Low-Income Apartments Waiting Lists page for openings near Shelby.

How many renters live in Shelby, Mississippi?

The City of Shelby has people living in households.

There are renters living in renter households in this City. Renters make up 42.89 percent of the population living in Shelby.

What is the rental market like in Shelby, Mississippi?

There are an estimated housing units in the Shelby area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Shelby, Mississippi, there are 1.06 rental units.

What is the vacancy rate for rentals in Shelby?

The rental vacancy rate in Shelby is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Shelby for each bedroom size?

Occupied Rental Units by Size in Shelby
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
12 56 92 90 22
Occupied Rental Units by Size in Shelby

A large number of apartments in Shelby have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Shelby

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $683 to $1,203. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $683
One BR $687
Two BR $903
Three BR $1,120
Four BR $1,203
2024 Fair Market Rents in Shelby, Mississippi

How many units are rented at Fair Market Rent (FMR) in Shelby?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 12 100 percent
One BR 56 100 percent
Two BR 88 96 percent
Rental Units Below FMR in Shelby, Mississippi

How many affordable rental units are in Shelby?

There are a variety of federal affordable housing programs serving households in Shelby, Mississippi including the following:

Federal Program Unit Count
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Shelby, Mississippi

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Shelby, Mississippi

Shelby features 146 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Shelby, Mississippi

There are 58 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Shelby.

Housing Choice Vouchers in Shelby, Mississippi

On average, Section 8 Housing Choice vouchers pay Shelby landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Shelby.

The maximum amount a voucher would pay on behalf of a low-income tenant in Shelby, Mississippi for a two-bedroom apartment is between $813 and $993.

Sourced from federal housing data and AffordableHousingOnline.com research.